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Formula 1 and teams lock in future with new Concorde Deal
© XPB Phillip van Osten
17/03/2025 at 17:4117/03/2025 at 19:46 Formula 1’s future has been set in stone, with the announcement that all 11 teams set to race in the 2026 World Championship and beyond have signed the sport’s crucial new Concorde Agreement. The all-important commercial covenant binds the teams and Liberty Media, F1’s commercial rights holder, for the next five years according to motorsport website RACER, signaling a robust commitment to Grand Prix racing’s soaring trajectory. With Stefano Domenicali’s tenure as CEO freshly extended, the agreement – of which new entrant Cadillac F1 is a signatory – ushers in an era of economic stability and shared...
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